GBPUSD Short
Updated
GBPUSD closed below the 1.22 pysch level on the 4hr chart during London session and has been consolidating at this level on the hr chart. Keeping in mind it is still in a weekly/monthly downtrend, I'm going for a sell to the daily trendline, with TP 2 being the next quarter level.
Note
I adjusted SL to 1.2242 and got a reentry @1.2235
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.